KIEV, Oct. 29 – At a meeting of holders of Ukrgasbank's A and C Series bonds worth UAH 47.5 million creditors confirmed that the terms of restructuring proposed by the bank are unacceptable.

"As a whole, not taking into account that Ukreximbank and Oschadbank are linked to the bank in shareholders' capital and that a consultant on the bank's restructuring is ING Bank, which took part in the meeting, independent investors hold over 70% of the bank's A and C Series bonds," reads a report of Concorde Capital.

According to the report, at the meeting held last week, representatives of Raiffeisen Bank Aval, Renaissance Capital, OTP Bank, Concorde Capital, Delta Bank, Delta Life, Ukrsibb Asset Management, Forum Bank and Finex Capital asset management company were present.